Number of Identified Exporters to Somalia from Maryland
MDSOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Number of Identified Exporters to Somalia from Maryland' trend tracks the count of Maryland-based companies that export goods to Somalia. This metric is valuable for economists and policymakers analyzing trade patterns and the potential impact of economic policies.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the number of exporters located in the U.S. state of Maryland that ship goods to Somalia. It provides insight into the commercial ties between Maryland and the East African nation, which can inform trade policy decisions and economic analyses.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This trend is used by government agencies, trade organizations, and market analysts to monitor changes in Maryland's export activity.
Key Facts
- Maryland exported $X.XX million worth of goods to Somalia in 20XX.
- The number of identified Maryland exporters to Somalia has increased/decreased by X% since 20XX.
- Somalia is Maryland's Xth largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in the U.S. state of Maryland that export goods to Somalia. It provides insight into the trade relationship between Maryland and Somalia.
Q: Why is this trend relevant for users or analysts?
A: This metric is valuable for economists, policymakers, and trade organizations to analyze patterns and changes in Maryland's export activity, which can inform economic and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses located in Maryland.
Q: How is this trend used in economic policy?
A: Government agencies, trade organizations, and market analysts use this trend to monitor changes in Maryland's export relationships, which can inform trade policy, investment decisions, and economic analyses.
Q: Are there update delays or limitations?
A: There may be a 3-6 month delay in the availability of the most recent data, and the series does not capture all exporters, only those identified through the Census Bureau's survey process.
Related Trends
Number of Identified Exporters to Somalia from California
CASOMA475SCEN
Number of Identified Exporters to Somalia from Minnesota
MNSOMA475SCEN
People 15 Years and Over Borrowing from a Financial Institution in the Past Year for Somalia
DDAI07SOA156NWDB
Value of Exports to Somalia from Virginia
VASOMA052SCEN
Number of Identified Exporters to Somalia from New Jersey
NJSOMA475SCEN
Number of Identified Exporters to Somalia from Kansas
KSSOMA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Somalia from Maryland (MDSOMA475SCEN), retrieved from FRED.